The global economy is going digital. According to IDC, 60 percent of the global GDP will be digital by 2022. Applications are driving this digital transformation. These applications need to scale quickly to potentially millions of users, be available worldwide, manage large amounts of data, and respond in milliseconds. They cover wide-ranging use cases, including web and mobile backends, IoT applications, AI/ML workloads, batch processing, PaaS solutions, micro-service backends, and more.To meet these requirements, modern applications are built with a combination of new architecture paradigms, operational models, and software delivery processes. They allow businesses to innovate faster while reducing risk, time to market, and total cost of ownership. These modern applications are typically based on containers and micro-services to increase agility and time to market.With the recent release of vSphere 7.0 and VCF 4.0, VMware updated vSphere for modern application development through the introduction of vSphere for Kubernetes, which provides native Kubernetes support in the VMware vCenter-vSphere environment. This makes the industry’s leading virtualization platform a unified environment for virtualized and containerized workloads. With VMware Cloud Foundation and Tanzu Mission Control, customers can easily deploy these workloads across a hybrid cloud environment and provide an agile, robust and proven operational platform for the modern applications.Dell Technologies storage platforms, Dell EMC Unity XT and PowerMax are certified with VMware vSphere 7.0 and VMware Cloud Foundation 4.0 and are “Validated Design” storage solutions of the Dell Technologies Cloud Platform powered by VMware Cloud Foundation. This offers our customers the unmatched combination of best-of-breed infrastructure solutions with the flexibility, economics and consumption model of a hybrid cloud that is ready for modern application architectures and deployment paradigms.VMware vSphere 7.0 allows customers to truly modernize their hybrid cloud as well as seamlessly build and run new cloud-native apps alongside traditional applications using the same familiar, proven infrastructure platform tools. vSphere with Kubernetes integrates Kubernetes into the control plane of vSphere 7, so operating your data center is like operating in a cloud that includes valued infrastructure services. This modernization is achieved merely by updating to vSphere 7. This integration truly heralds a full stack mission-critical modern infrastructure platform. And Dell Technologies not only offers a fully integrated hyperconverged infrastructure platform to run this software defined data center (SDDC), but also integrates with best of breed, mission-critical external storage components (e.g. Dell EMC Unity XT and PowerMax) within it. Customers can now modernize their most mission-critical applications by implementing as a containerized solution while retaining the scalable, resilient storage architectures they have always depended on. Thus, the combination of VMware and Dell Technologies solutions herald a new era for our joint customers in their application and infrastructure modernization journey.Learn more about VMWare vSphere 7.0 here, Dell EMC Unity XT here, and PowerMax here.
Institutional investors may be warming to approaches beyond traditional asset class-based allocation regimes, with many also turning to factor or objective-based alternative investment models, according to a survey commissioned by State Street Global Advisors.Conducted in the second half of last year, the survey was of senior executives with asset allocation responsibilities at 400 large institutional investors from around the world.It focused on investors’ objectives, their approach to asset allocation and their framework for measuring success.According to State Street, the survey shows investors are “reassessing strategic asset allocation models and turning to objective and factor-based approaches to better achieve investment objectives in a low-return environment”. Respondents’ long-term return expectations were generally elevated across most asset classes, raising the question of whether these were overly ambitious, State Street said.For example, they are looking for a return of 10.9% on the long-term performance of their portfolio, 10.9% in real estate, 8.1% in commodities, 10% in equities and 5.5% in bonds.More than half – and in some cases more than 75% – of respondents said their return expectations were being met (plus or minus 1%) for the overall portfolio and in different asset classes.However, nearly one-quarter of respondents (20%) said their long-term return expectations were not being met, with only 13% saying that, on average, their expectations were being exceeded (State Street pointed out that the survey was conducted before the significant market downturn at the start of this year).For Rick Lacaille, CIO at State Street Global Advisors, the survey shows institutional investors are “beginning to question whether they can achieve objectives through traditional investment models in the current lower-for-longer return environment”.He added: “Not only does this challenge traditional, strategic asset allocation models by forcing greater consideration of risk, but it also confronts investors with a need to focus from a top-down perspective on the drivers of returns in their underlying asset class choices.”Investors, State Street noted, have traditionally viewed their total portfolios through the lens of asset classes, and 41% of respondents said this was the most important asset classification method – simplicity was one of the reasons cited.However, the survey revealed the “significant adoption by many investors of an additional layer of factor-based classification (or by assets’ exposure to different types of risk)”, according to the asset manager.Although 30% indicated their primary method was to classify assets by factors or exposures to types of risk, 65% said they applied this method in addition to others.A further 55% also classified according to assets’ contribution to their portfolios’ overall objectives, such as growth or income.“This may be evidence of a warming to approaches beyond rigid asset allocation regimes,” said State Street.A breakdown by investor type is not provided in the report, although pension funds are described as being most traditional in their approach, with nearly half of respondents saying they focused on asset class-based categorisation.This compares with two-thirds of sovereign wealth funds (SWFs) indicating that factor exposures and contribution to objectives served as the primary method for classifying assets.For those respondents whose overall portfolio was performing below expectations, the most popular change in approach identified was to increase the allocation to alternative investments – SWFs (42%) and pension funds (24%) were more likely to feature this approach as their most preferred, according to State Street.“Other popular tactical changes included the introduction, or increased use, of objective-based investing (selected by 63% of respondents), and an increased use of active managers (selected by 59% of respondents),” said the asset manager.However, the survey also showed investors feel they face significant barriers to adopting new approaches, according to State Street.These include limited or slow peer-group adoption of strategies such as smart beta (60% of respondents), difficulties obtaining board buy-in (46%) and a lack of in-house expertise (46%).
Tweet Share Dominica’s Ministry of Health has captured the 2011 Surveillance Award from the Expanded Programme on Immunization (EPI) of the Caribbean Sub Region in Recognition of Excellent Report.The Award was presented to Dominica last month, at the 28th Caribbean EPI Mangers’ Meeting held in Barbados. Dominica’s EPI Manager, Senior Community Health Nurse, Florestine Lewis accepted the award.The immunization programme of the countries of the Caribbean Community has been one of the most successful and is used as a benchmark by which other programmes are measured.An annual Caribbean Surveillance Award has been established to recognize countries that have performed outstandingly on the surveillance component of their program during the previous year. The award is based on two main criteria• On-time reporting and• The percentage of sites reporting to the Caribbean Epidemiology Centre (CAREC).It consists of a certificate and the inscription of the name of the country on a plaque that is kept by the winning country during the following year, until a new country is selected. The award is announced during the annual Managers’ meeting. Florestine Lewis said she is elated that Dominica has finally won first place. Over the years Dominica has been receiving second and third places.” I want the award to remain in Dominica. I am urging the health care providers to continue reporting and send in the samples in a timely manner”.Head of the Surveillance Team, National Epidemiologist, Dr. Paul Ricketts, said it is a great honour to be recognised for outstanding work in EPI surveillance report. He expressed gratitude to all members of the health teams who contributed towards the process. Awards for the second and third places went to Antigua/Barbuda and St. Maarten, respectively.In addition to the surveillance awards, certificates of achievement and recognition were awarded to Belize for maintaining excellent achievement indicators for the Immunization Programme and to Guyana for consistency in achieving the indicators of the Immunization Programme. The Surveillance Award in Recognition of Excellent Report of the Expanded Programme on Immunization (EPI) of the Caribbean Sub Region was initiated in 1998 of which Anguilla won the first place.The award is furnished by the Pan American Health Organization (PAHO), the World Health Organization (WHO) and the Caribbean Epidemiology Centre (CAREC).Press Release Share 16 Views no discussions LocalNews Dominica wins health award by: – March 9, 2012 Sharing is caring! Share
The virtual Spanish GP will take place during the same weekend the real race was scheduled to run at the Barcelona-Catalunya circuit. The race will consist of a qualifying session and a 33-lap race.The F1 season hasn’t started yet because of the coronavirus pandemic.___The Gibraltar soccer federation says it has declared the league season null and void with no champion.The top two teams in the league were Europa and St. Joseph’s when the coronavirus pandemic caused the season to be suspended. The federation says they were so close in the standings it could not declare a champion “in the interests of sporting integrity.” May 7, 2020 ___Formula One says Manchester City forward Sergio Aguero, Real Madrid goalkeeper Thibaut Courtois and Barcelona midfielder Arthur will compete alongside drivers in this weekend’s virtual Spanish Grand Prix.Charles Leclerc, Lando Norris, Alex Albon, Antonio Giovinazzi, George Russell and Nicholas Latifi will be the F1 drivers in Sunday’s event.Aguero will race for Red Bull alongside Albon. Courtois will run for Alfa Romeo in his second virtual race. Arthur will be with Haas.Golfer Ian Poulter will make his third appearance with Renault. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The head of China’s football association says teams will implement temporary player pay cuts of 30% to 50% to help teams manage losses from the coronavirus outbreak. The 10 remaining league matches in France were canceled last week. Paris Saint-Germain was declared champion and Lyon finished outside the European places in seventh.Lyon president Jean-Michel Aulas says on sports daily L’Equipe’s website “it might not be too late to imagine … something coherent on a political level.”He adds that “by adapting our methods we could probably have finished the league.”Aulas argued for a playoff system to end the league by late August and reserved the possibility to claim damages he estimated at tens of millions of euros (dollars).___ The Latest: China’s football association to cut pay The matches will be played in empty stadiums because of the coronavirus pandemic.The announcement comes one day after Chancellor Angela Merkel and the country’s 16 state governors agreed the season could resume.The Bundesliga was suspended on March 13 with nine rounds remaining. Seifert says the league will begin again where it left off.Seifert was speaking after a video conference with members from the country’s 36 clubs in the top two divisions. The second division will also resume on May 16.___ ___Atlanta United president Darren Eales says it’s still possible for Major League Soccer to get in a full 34-game season plus the playoffs by the end of the year.During a conference call with reporters, Eales noted that player contracts run through Dec. 31, which presumably means the league could push its MLS Cup title game to the very last day of the year.MLS shut down in mid-March — just two weeks into its season — because of the coronavirus outbreak. Each team has 32 regular-season games left and the playoffs usually take another month. The league has already said that it will likely push back its championship game, which was set for Nov. 7. The ICF says its board “approved two budget scenarios” up to 2022 taking into account “the chance of no competition or Olympics in 2021.”The ICF is due to get about $16 million from the International Olympic Committee as a share of revenue from the postponed Tokyo Games.The ICF has postponed or canceled all international events through August. It is due to have an election congress in December when president Jose Perurena steps down after 12 years.___German soccer league managing director Christian Seifert says the Bundesliga season will resume on May 16. Associated Press De Blasio says bigger events are going to be one of the last things that will really fit the equation as the country restarts from the coronavirus pandemic. He says the perfect time to reopen big events is “almost when the disease has really been beaten back to next to nothing.” He says the danger with big gatherings, especially, is “that could be one of the things that propels the disease back.”Opening day was scheduled for March 26 but has been postponed indefinitely because of the new coronavirus. Baseball Commissioner Rob Manfred believes the season will start at some point, and the league has considered playing in empty ballparks.New York Gov. Andrew Cuomo put entertainment such as sports into the final phase of his guidelines for reopening the state. He’s discussed the possibility of having big league games in empty stadiums.___Colorado Rapids coach Robin Fraser says players will use team training fields for voluntary individual workouts starting Monday. The Kontinental Hockey League says it will not name a champion after it stopped the season part-way through the playoffs because of the coronavirus pandemic.The Russia-based league shut down in March but didn’t immediately decide how the final standings would be determined. The league is widely considered to be the strongest outside the NHL.The KHL says the eight teams still in the playoffs at the time the season ended will be ruled as jointly finishing in the top eight positions.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 The federation said last week that on government advice the season could not be completed by a UEFA-set deadline for Gibraltar of July 20.Europa will enter next season’s Champions League qualifying rounds. St. Joseph’s and third-place Lincoln Red Imps will enter the Europa League.___The president of French soccer club Lyon says he hopes the resumption of the German league can prompt a reversal of the decision to end the season in his own country.The top two leagues in Germany have been given the go-ahead to play in empty stadiums following a meeting between Chancellor Angela Merkel and state governors. Horse racing has resumed in Germany, but without spectators and with mask-wearing jockeys.The race day at the Neue Bult track near Hannover on Thursday was the first to take place in Germany since the calendar was suspended in March.It followed talks between race organizers and the local authorities, and access to the track was strictly limited.Jockeys and grooms wore masks and betting was only allowed online. More races are scheduled for Friday in Cologne.Germany resumed ahead of other major European horse racing nations. The equestrian sport of trotting, or harness racing, has continued in Sweden through the coronavirus pandemic. The German soccer league Bundesliga is set to resume on May 16.___The Peach Bowl is donating $1.09 million to help fund COVID-19 screenings in Georgia.The bowl announced it will help fund the telemedicine screening mobile app developed by Augusta University Health System. The AU Health ExpressCare app allows for free virtual screenings for the virus throughout the day with no appointment.Patients who screen positive will be scheduled for tests. The Royal St. John’s Regatta in Canada has been canceled because of the COVID-19 pandemic.It’s the first time in 80 years that the historic sports festival in the capital of Newfoundland and Labrador has been called off.The regatta is traditionally run on the first Wednesday in August. This year’s race was scheduled for Aug. 5.The regatta has deep cultural and historic roots in the city. The first record of organized rowing races in St. John’s was in 1816. It celebrated its 200th anniversary two years ago and bills itself as the oldest organized sporting event in North America.The last cancellation was in 1940 during World War II. Eales said if the season doesn’t resume by the end of July, playing a full schedule would be very difficult.___The New York Giants have announced their refund policy for 2020 season tickets. If a game is cancelled and cannot be rescheduled, or is played under conditions that prohibit fans from attending, full refunds will be available to season ticket members. They have the choice to receive a full refund for any impacted games, or they can apply the amount as a credit toward a future ticket purchase.Owners john Mara and Steve Tisch made the announcement in an email to season ticket holders on Thursday afternoon, hours before the league released the schedule. Chen Xuyuan also told state broadcaster CCTV that matches would be resumed on a staggered schedule but gave no specific dates. Some other countries’ sports associations have already announced a resumption of play with no fans in the stands or limited attendance and Taiwan plans to allow 1,000 fans to attend an upcoming baseball game. China on Friday announced 1 new virus case, a local infection in the northeastern province of Jilin, and 16 new cases of those who have tested positive but are not showing symptoms. No no new deaths were reported. Just 260 people remain hospitalized for having the virus and 890 are under isolation for being suspected cases or for having tested positive but without showing symptoms. China has reported a total of 4,633 deaths among 82,886 cases.___As part of the release of their 2020 schedule, the Seattle Seahawks also said thanks to a dozen pandemic frontline workers in the Seattle area. St. Gallen leads defending champion Young Boys on goal difference and is five points ahead of third-place Basel.Switzerland’s government has said professional clubs can resume training Monday. Games in empty stadiums should be possible from June 8.The league says the government has advised that teams are no longer eligible for an unemployment insurance program when players start training. The league says it is having “very constructive” talks with the government about further federal aid.___The International Canoe Federation says it is planning its budget in case the Tokyo Olympics get canceled in 2021 because of the coronavirus pandemic. The Rapids join a list of Major League Soccer teams taking the first small steps toward returning to play. Sporting Kansas City, Atlanta United, Orlando City and Inter Miami let players onto fields Wednesday for controlled voluntary workouts on the first day permitted by the league.The MLS suspended the season because of the coronavirus pandemic on March 12, closing all team facilities but asking players to remain in market with their teams.Colorado plans on using two fields for its workouts and run about eight players at a time.Fraser started the video call a bit late because of an injury sustained while kicking a soccer ball around with daughter. No word on the type of injury. ___ In a video posted along with the schedule, the Seahawks gave season tickets to 12 workers who had been nominated for consideration. The dozen awarded tickets ranged from a restaurant owner to a firefighter/EMT to hospital workers and grocery store employees.The 12 were told of receiving season tickets in video calls with Seahawks players Shaquill and Shaquem Griffin, DK Metcalf, Tyler Lockett, Will Dissly and coach Pete Carroll.How many games they’ll be able to attend is still unknown. The state of Washington is under a stay-at-home order through May 31.The Seahawks open the season on Sept. 13 at Atlanta. Their first home game is Week 2 against New England.___ The Giants also are going to offer a limited number of individual game tickets to season ticket holders. The owners made the decision based on a request from fans. Anyone who purchases individual game tickets from Ticketmaster.com will receive a full refund of their ticket purchase price within 30 days of cancellation if the game cannot be rescheduled or is played under conditions that prohibit fans from attending. If a game is postponed or rescheduled, tickets are valid for the new date.The Giants said the safety of the fans, players and staff continues to be its first concern during the coronavirus pandemic.___Sports events in Oregon are likely to be without large crowds through at least the end of September. Oregon Gov. Kate Brown announced Thursday the steps the state will take as it begins reopening next week. Brown asked those planning large gatherings, such as concerts, festivals, sporting events and conventions, to cancel or significantly modify plans for anything scheduled through at least September.That is likely to impact the NBA’s Portland Trail Blazers, the Portland Timbers of the MLS, and Oregon and Oregon State college football.While the NBA and MLS have no firm plans of a restart yet, Oregon and Oregon State both have three home games scheduled in September. Oregon is set to host North Dakota State, Ohio State, and Hawaii in Eugene, while Oregon State is scheduled to face Colorado State, Portland State and Washington State in Corvallis.___New York City Mayor Bill De Blasio doesn’t see games returning to Yankee Stadium or Citi Field very quickly, at least not with fans. Peach Bowl president Gary Stokan says the aim is giving Georgia residents access to screenings and tests “as soon as possible.”___The Swiss soccer league says clubs will discuss on May 29 if they want to resume playing in June amid the coronavirus pandemic.The league says the meeting of the 20 clubs will be two days after the next Swiss federal government update on easing restrictions.A restart on June 19 leaves seven weekends and six midweek games to meet UEFA’s preferred Aug. 3 target to complete domestic seasons. The French Tennis Federation says it will refund tickets purchased for the French Open because of uncertainty related to the coronavirus pandemic.The clay-court tournament at Roland Garros was initially slated to be held May 24-June 7 but has been rescheduled for Sept. 20-Oct. 4.The FFT says it “has taken the decision to cancel and refund all tickets purchased for the original dates of Roland Garros.”The FFT is also working closely with French authorities “to establish the necessary measures which will ensure the health and security of all guests attending the tournament.”Refunds will be received by end of May and a new ticketing procedure will be opened if the tournament goes ahead.